The EURGBP is coming off a 6% run in the last 3 months and is looking to continue its uptrend. The price is currently very near resistance of 0.89902 and it looks like it will retest the lower channel in the coming days as it pulls back to around the 0.896 level. This is supported by the RSI now being at 60 despite the price not being in the upper half of the...
The GBPJPY has been on a long term decline starting since the middle of March. The currency continues on the downtrend and is approaching long term support at 134.
Despite it rising slightly in June, I believe that it is only a short term thing as the RSI approaches overbought territory and from previous examples when price was previously at these RSI levels...
